Damodar Industries Management
Management criteria checks 3/4
Damodar Industries' CEO is Ajay Biyani, appointed in Jun 1998, has a tenure of 26.58 years. total yearly compensation is ₹5.60M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 15.36% of the company’s shares, worth ₹149.11M. The average tenure of the management team and the board of directors is 3.9 years and 5.2 years respectively.
Key information
Ajay Biyani
Chief executive officer
₹5.6m
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 26.6yrs |
| CEO ownership | 15.4% |
| Management average tenure | 3.9yrs |
| Board average tenure | 5.2yrs |
Recent management updates
Recent updates
Damodar Industries (NSE:DAMODARIND) Has A Somewhat Strained Balance Sheet
Dec 06
Damodar Industries Limited's (NSE:DAMODARIND) CEO Compensation Is Looking A Bit Stretched At The Moment
Aug 11Damodar Industries (NSE:DAMODARIND) Has A Somewhat Strained Balance Sheet
Jul 31Damodar Industries Limited (NSE:DAMODARIND) Shares May Have Slumped 26% But Getting In Cheap Is Still Unlikely
Mar 28Damodar Industries (NSE:DAMODARIND) Will Be Hoping To Turn Its Returns On Capital Around
Mar 14Here's Why Damodar Industries (NSE:DAMODARIND) Is Weighed Down By Its Debt Load
Jan 06Investors Could Be Concerned With Damodar Industries' (NSE:DAMODARIND) Returns On Capital
Nov 03Damodar Industries (NSE:DAMODARIND) Has A Somewhat Strained Balance Sheet
Jun 06There Are Reasons To Feel Uneasy About Damodar Industries' (NSE:DAMODARIND) Returns On Capital
Apr 06Slowing Rates Of Return At Damodar Industries (NSE:DAMODARIND) Leave Little Room For Excitement
Dec 26Does Damodar Industries (NSE:DAMODARIND) Deserve A Spot On Your Watchlist?
Sep 02Here's Why Damodar Industries (NSE:DAMODARIND) Has A Meaningful Debt Burden
Jun 15Damodar Industries' (NSE:DAMODARIND) Returns On Capital Not Reflecting Well On The Business
Feb 08We Think Damodar Industries (NSE:DAMODARIND) Is Taking Some Risk With Its Debt
Dec 28Damodar Industries' (NSE:DAMODARIND) Earnings Are Weaker Than They Seem
Nov 23Damodar Industries (NSE:DAMODARIND) Will Want To Turn Around Its Return Trends
Nov 03We Discuss Why Damodar Industries Limited's (NSE:DAMODARIND) CEO Compensation May Be Closely Reviewed
Sep 07These 4 Measures Indicate That Damodar Industries (NSE:DAMODARIND) Is Using Debt In A Risky Way
Jul 02Who Has Been Buying Damodar Industries Limited (NSE:DAMODARIND) Shares?
Feb 28How Much is Damodar Industries' (NSE:DAMODARIND) CEO Getting Paid?
Feb 01Damodar Industries (NSE:DAMODARIND) Has No Shortage Of Debt
Jan 06
Should We Be Excited About The Trends Of Returns At Damodar Industries (NSE:DAMODARIND)?
Dec 11Have Insiders Been Buying Damodar Industries Limited (NSE:DAMODARIND) Shares?
Nov 15What We Learned About Damodar Industries' (NSE:DAMODARIND) CEO Compensation
Oct 14Is Damodar Industries (NSE:DAMODARIND) Using Too Much Debt?
Sep 09CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | ₹19m |
| Jun 30 2024 | n/a | n/a | ₹20m |
| Mar 31 2024 | ₹6m | ₹6m | ₹52m |
| Dec 31 2023 | n/a | n/a | ₹31m |
| Sep 30 2023 | n/a | n/a | ₹24m |
| Jun 30 2023 | n/a | n/a | -₹790k |
| Mar 31 2023 | ₹5m | ₹5m | ₹8m |
| Dec 31 2022 | n/a | n/a | ₹63m |
| Sep 30 2022 | n/a | n/a | ₹137m |
| Jun 30 2022 | n/a | n/a | ₹184m |
| Mar 31 2022 | ₹5m | ₹5m | ₹184m |
| Dec 31 2021 | n/a | n/a | ₹206m |
| Sep 30 2021 | n/a | n/a | ₹148m |
| Jun 30 2021 | n/a | n/a | ₹53m |
| Mar 31 2021 | ₹7m | ₹7m | -₹62m |
| Dec 31 2020 | n/a | n/a | -₹189m |
| Sep 30 2020 | n/a | n/a | -₹195m |
| Jun 30 2020 | n/a | n/a | -₹129m |
| Mar 31 2020 | ₹7m | ₹7m | -₹69m |
| Dec 31 2019 | n/a | n/a | -₹29m |
| Sep 30 2019 | n/a | n/a | ₹3m |
| Jun 30 2019 | n/a | n/a | ₹36m |
| Mar 31 2019 | ₹6m | ₹6m | ₹84m |
| Dec 31 2018 | n/a | n/a | ₹114m |
| Sep 30 2018 | n/a | n/a | ₹116m |
| Jun 30 2018 | n/a | n/a | ₹109m |
| Mar 31 2018 | ₹6m | ₹6m | ₹117m |
Compensation vs Market: Ajay's total compensation ($USD64.98K) is above average for companies of similar size in the Indian market ($USD41.85K).
Compensation vs Earnings: Ajay's compensation has been consistent with company performance over the past year.
CEO
Ajay Biyani (62 yo)
26.6yrs
Tenure
₹5,600,000
Compensation
Mr. Ajay D. Biyani is the Managing Director of Damodar Industries Limited (formerly, Damodar Threads Ltd.) since June 5, 1998 and served as its Vigilance & Ethics Officer. He oversees the production activi...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder & Executive Chairman | 32.9yrs | ₹5.60m | 30.12% ₹ 292.3m | |
| Co-Founder | 26.6yrs | ₹5.60m | 15.36% ₹ 149.1m | |
| Co-Founder | no data | ₹5.60m | 13.06% ₹ 126.7m | |
| Chief Financial Officer | 4.5yrs | ₹742.00k | no data | |
| Company Secretary & Compliance Officer | 1.4yrs | ₹533.00k | no data | |
| General Manager of Technical | no data | no data | no data | |
| Head of Administration | no data | no data | 0.64% ₹ 6.2m | |
| Chief Marketing Officer | 3.3yrs | no data | 1.16% ₹ 11.2m | |
| Head of Finance & Marketing | no data | no data | 1.5% ₹ 14.6m | |
| Head of Amravati Plant | no data | no data | 1.68% ₹ 16.3m | |
| Chief Engineer | no data | no data | no data |
3.9yrs
Average Tenure
45.5yo
Average Age
Experienced Management: DAMODARIND's management team is considered experienced (3.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder & Executive Chairman | 32.9yrs | ₹5.60m | 30.12% ₹ 292.3m | |
| Co-Founder | 26.6yrs | ₹5.60m | 15.36% ₹ 149.1m | |
| Additional Non-Executive Independent Director | 4.7yrs | no data | no data | |
| Additional Non-Executive Independent Director | 3.9yrs | no data | no data | |
| Independent Non Executive Director | 5.2yrs | no data | 0.0054% ₹ 52.0k |
5.2yrs
Average Tenure
64yo
Average Age
Experienced Board: DAMODARIND's board of directors are considered experienced (5.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/11 04:17 |
| End of Day Share Price | 2025/01/10 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Damodar Industries Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Anil Burra | FirstCall Research |